Project Accounting
Project accounting is a specialized form of accounting that tracks project delivery, helping track, report, and analyze financial results and implications
units-of-delivery-method
The units-of-delivery method recognizes as revenue the contract price. of units of a basic production product delivered during a period and as the cost of earned revenue the costs allocable to the delivered units; costs allocable to undelivered units are reported in the balance sheet as inventory or work in progress.